Definition of bobble. 1  1 : a repeated bobbing movement. 2  2 : a small ball of fabric; especially : one in a series used on an edging. 3  3 : error, mistake; especially : a mishandling of the ball in baseball or football.
Blanket encumbrance means a trust deed or mortgage or any other lien or encumbrance, mechanic's lien or otherwise, securing or evidencing the payment of money and affecting more than one unit in a condominium, or an agreement affecting more than one such unit by which the developer holds such condominium under an option, contract to sell or trust ...
A trustee deed, also called a trust deed or deed of trust, is an arrangement used in place of a mortgage deed in states like California that allow nonjudicial foreclosure, that is, foreclosure without going to court. An ordinary mortgage deed documents a transaction between two parties, a lender and a borrower. A trustee deed is an arrangement between three parties: the borrower, who is also called a trustor; the lender; and the trustee, who holds legal title to the property. The trustee is usually a title or escrow company.